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Feb 27, 2013
02/13
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"fast money" begins right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here is what fast is following tonight. rally mode. forget washington grid lock and the italian elections, the bull run is back on. we have your top trades. >>> rotten apple. no new cash for shareholders. why a top-rated growth manager is sticking by the stock. >>> and regis on the markets. mr. millionaire himself joins us on set with his latest stock picks in another "fast money" trading exclusive. but first, to our lead story. a monster day for the markets. the dow within 1% of its record highs set back in 2007. the s&p closing in on those levels, 3% away from its high. guy, what do you make of -- >> gad you're back. >> down there? >> crazy. regis is here -- listen, we talked about the markets for awhile. we had a couple outside days, now lower. what we're setting up for is the potential in the s&p for an outside week higher, which could be very powerful, might get us to the 1550 level. a lot of people pooh-poohed today, saying volume isn't there, but guess what? if
"fast money" begins right now. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. here is what fast is following tonight. rally mode. forget washington grid lock and the italian elections, the bull run is back on. we have your top trades. >>> rotten apple. no new cash for shareholders. why a top-rated growth manager is sticking by the stock. >>> and regis on the markets. mr. millionaire himself joins us on set with his...
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Feb 6, 2013
02/13
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will any of the cities try to quell back the financial losses. >> oh, you bet they will. maybe not the city as much as the airline. >> oh, they have suggested they will. >> that is all part of negotiation. it happens all the time. not just with this plane but for all planes. >> they also got a discount for faking on the new plane. >> right. but the agreement is when the service starts, it starts. it doesn't start then stop. >> thank you very much. >>> a mixed market for the metals today. sharon checking the winners for us and maybe even some losers. hi, sharon. >> hi, mandy. we are where we started at the beginning of year for gold. platinum serving $200 this year. and highest levels since september 2011. real gains where people are putting their money is in the plat yum and palladium. we see growth positive from u.s. and china. add to that, tight supplies. keep your eye on the auto sector and we will see perhaps an even greater one in platinum in weeks to come. >> sharon, thank you. on deck, stock, one investor loves. bank, booming, and you probably never heard of it. >>
will any of the cities try to quell back the financial losses. >> oh, you bet they will. maybe not the city as much as the airline. >> oh, they have suggested they will. >> that is all part of negotiation. it happens all the time. not just with this plane but for all planes. >> they also got a discount for faking on the new plane. >> right. but the agreement is when the service starts, it starts. it doesn't start then stop. >> thank you very much....
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Feb 11, 2013
02/13
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we'll get the color from that. ed morse from citi will give us his forecast. a lot to cover tonight at 5:00. >> we'll talk finance ministers in a few minutes. >> oh, yes. >> we've not gotten there yet. if you're just joining us this morning, here's what you missed. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> that announcement being confirmed from the vatican, pope benedict is due to resign february the 28th. >> uncertainty in the economy and sluggishness in the economy gives you center of a friendly fact. >> we did a lousy job in january on the tax side. i think it's better to go over the cliff than do a lousy job. >> rarely to these -- rarely do these oppositions result in a deal being voted down. it is something at least worthy of keeping an eye on. >> president obama seems to have pulled the republicans fangs with respect to the debt ceiling. that's probably the big risk the market was worried about. >> all night long, this is what it heard. beep, beep, beep. yes. snow plows. >> this is the opening bell on monday
we'll get the color from that. ed morse from citi will give us his forecast. a lot to cover tonight at 5:00. >> we'll talk finance ministers in a few minutes. >> oh, yes. >> we've not gotten there yet. if you're just joining us this morning, here's what you missed. >>> welcome to hour three of "squawk on the street." here's what's happening so far. >> that announcement being confirmed from the vatican, pope benedict is due to resign february the 28th....
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Feb 8, 2013
02/13
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on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been cancelled from yesterday, today and also for tomorrow as airlines try to get ahead of this storm. and, of course, there's an economic impact as well, but some economists have told me it could end up being a wash. you see people buying more ahead of the storm to stock you. we could see a whiteout shutting retailers down tomorrow, but at the end of the day it should be about equal. back over to you. >> jackie, thanks very much. let's check in on how the storm is affecting new york city itself. the weather channel's paul goodloe is there in times square. paul? >> well, here we've had a
on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been...
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Feb 19, 2013
02/13
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state of the city. this discussion that's going on is happening of course in the wintertime where it's very cold in the northeast. i wonder if you think people -- are there expectations for the performance of these batteries in the wintertime, do they need to be reined in? are they not as efficient as we hoped they would be in the gold? >> the battery will be -- i think the discussion in the media has been far overblown. the technology is absolutely ready for primetime. people are enjoying their e.v.s that drive them all over the company. they become used to the charge i don't ever model where they find charge stations and plug in. the ones that are out there the most are gasoline hybrids. so it's i think a lot of overspin in the media. >> one last question, you yourself drive an e.v. but not a tesla. can i ask what you drive? >> i is a fisker karma. >> very nice. that wouldn't be too shabby either. >> pat romano of charge point, thank you very much. >> when we come back, after the bell. and could i iwa
state of the city. this discussion that's going on is happening of course in the wintertime where it's very cold in the northeast. i wonder if you think people -- are there expectations for the performance of these batteries in the wintertime, do they need to be reined in? are they not as efficient as we hoped they would be in the gold? >> the battery will be -- i think the discussion in the media has been far overblown. the technology is absolutely ready for primetime. people are...
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Feb 8, 2013
02/13
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the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last month, had the most subtle revisions, we'll just call it a push. so you know, i'm going to have to ponder this. we know that there's a lot of foreign exchange going on in the world. most of it right now isn't free market driven, it's central bank printing driven. thinking this through, of course, is going to have big possibilities for strategic trades down the road. especially if the offshoot of what's going on potentially between europe, japan, maybe to a lesser extent china, is going to boost the value of the dollar. is that something that's going to help or hurt? how important is thi
the city is effectively going to shut down. >> thank you so very much. steve. >> just seconds away from the data. in fact it's out now. rick santelli at the cme in chicago. rick the numbers. >> hello cow. 38.5 billion is the trade balance. that's a deficit. but it's under 40 billion. that is really shocking. the last time we were under 40 billion was november of 2010. so this is really a pretty big deal. we're expecting, you know, 8 billion wider deficit, and 46. and last...
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Feb 19, 2013
02/13
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kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to provide investors like him with additional value. apple is his largest holding of late and its fall in the fourth quarter accounted for damage to his portfolio in that quarter as well. apple sitting with $137 billion in cash on its balance sheet and he argues that's stockpile indicative of depression era mentality. apple is defending noting other investors calpers. blocking would eliminate other beneficial measures. would establish majority voting for investors on the board. leading into the hearing things have gotten a little snippy. apple said it would incur millions of dollars in printing and other c
kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to provide...
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Feb 5, 2013
02/13
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. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. magic kingdom. disney's been the happiest place on earth for investors. why mickey mouse is still a good bet. tech troubles. it's the worst sector so far this year. tom picks that benefit from the mobile revolution. and blackberry brawl. can the momentum continue for blackberry? dan and guy duke it out in a smartphone street fight. first, let's get straight to breaking news here. shares of hewlett-packard surging on reports that the board is studying potential breakup scenarios. jon fortt has the latest. fact or fiction here? >> melissa -- fact, but not extremely exciting fact. the business new side courts reporting this. not a lot new i see in this report, saying that the board is exploring a breakup of some divisions, among other scenarios to maximize shareholder value. doesn't seem they've ever stopped analyzing these scenarios. but the spin off of the pc business is something that meg whitman keeps ruling out. earnings call after earnings call. nothing clear anything about that ha
. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee. magic kingdom. disney's been the happiest place on earth for investors. why mickey mouse is still a good bet. tech troubles. it's the worst sector so far this year. tom picks that benefit from the mobile revolution. and blackberry brawl. can the momentum continue for blackberry? dan and guy duke it out in a smartphone street fight. first, let's get straight to breaking news here. shares of...
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Feb 19, 2013
02/13
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dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37 back to you guys. >> beck can he can't believe what she just heard about that cold weather. eric, they're melg me, you didn't know it was 25 degrees. >> it's warmed up in minneapolis since earlier today. >> such balmy weather. >> it's like, i've known this, right? >> we're here to educate. >> eric, i rely on the weather channel. tell us something, andrew -- >> he did. he just told me it's 2:22 in nairobi. >> you need singapore time? >> you know what else? the clock when you put them all in, andrew, am i right? if it's nice, the clocks are dark. if it's daytime -- >> you guys are going to complete
dangerous windchills, 15 the below sfee row in the twin citys, 1 is in chicago and 13 in indianapolis. lots of layers for all the kids who are going back to school today. then we catch our next storm, this little pin wheel around the oregon coast. this will dive down around california today and is be a pretty big snowmaker. coast to coast, 6 to 12 inches in the snowfall mountains. plenty of snow here around the wasatch. these amounts in the appalachians, on the order of 1 to 3 inches today 37...
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Feb 11, 2013
02/13
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half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you
half of the population of china now lives in the city which is a brand-new thing and access to media. >> brian, good luck. >> thanks, guys. >> we love those. anyway -- >> and prefers u.s. iron man a lot. in terms of -- >> thank you, coming up, maybe she's watching. he invested. >> my iron man. >> he could be the future of the hedge fund industry. our next guest has been ranked among the most successself up and commerce. [ indistinct shouting ] [ male...
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Feb 28, 2013
02/13
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impact would be -- it would have a major impact on the city, especially at the top. what does it mean for the banks? what does it mean for the potential returns when you look at comp and return on investment for, you know, return investment capital for some of these financial names? >> look, if you're freezing pay bonuses at one times salary, which for the investment bank is quite a dramatic change, what will the reaction be? obviously, a lot of people leaving banks or you'll see -- which i suspect you'll also get an awful lot of complex pay deals coming up. >> that, too. >> and there's a lot of ways to try and get around it. >> credit suisse and some are trying to pay with derivatives. there may be different kinds of comp. but if you're talking about the best and the most talented, you could argue about that in the banking sector always. but those employees, if they're basically looking at this saying, i can go to singapore, hong kong, new york and get my traditional bonus structure that i want, why wouldn't they do that? >> or what you might get is a lot of people
impact would be -- it would have a major impact on the city, especially at the top. what does it mean for the banks? what does it mean for the potential returns when you look at comp and return on investment for, you know, return investment capital for some of these financial names? >> look, if you're freezing pay bonuses at one times salary, which for the investment bank is quite a dramatic change, what will the reaction be? obviously, a lot of people leaving banks or you'll see -- which...
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Feb 7, 2013
02/13
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and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his tendency to use all caps in emails. [ shouting ] oh i'm sorry guys. ah sometimes the caps lock gets stuck on my keyboard. hey do you wanna get a drink later? [ male announcer ] hold packages at any fedex office location. because what you don'tu know can hurt you.rance. hey do you wanna get a drink later? what if you didn'
and the other one is you can't fight city hall. back to you, melissa lee. >> the man who never drinks the kool-aid next to a punch bowl, there's a joke in there somewhere. rick santelli, thank you. >> do you think i should have a punch bowl for my dinner party? >> the one that we're not invited too? i don't care what you have, simon, because i'm not inviteded. >> never mention on air you're having a dinner party because everyone you didn't invite hears you. i wanted to...
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Feb 27, 2013
02/13
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>> scott, atlantic city and its 12 casinos all winners. at least in the near term. second largest gaming market in the u.s., ac's $3 billion in revenue last year, 43% below the peak in 2006. any additional business is welcome. the two biggest players in the market to benefit the most from the addition of online players, caesars with four worked out but basically only licensed casinos will be able to run the jn line operations. to play, residents will likely to to register as they do in the uk where on-line gambling is legal. it will take another 6 to 12 months for it all to get up and running. pay-off? 1.5 billion added to fis al in 2015. uncertainty about demand in the garden state and questions about whether on-line betting will hurt the brick and mortar business and questioning whether on-line gaming is enough to save ac's casinos. new competition from properties on-line in baltimore and d.c. wi will hurt them. the state and casinos can't bet on that yet. back to you, scott. >> mary, thank you very much. we saw zynga get the nevada pop the other day pip think you
>> scott, atlantic city and its 12 casinos all winners. at least in the near term. second largest gaming market in the u.s., ac's $3 billion in revenue last year, 43% below the peak in 2006. any additional business is welcome. the two biggest players in the market to benefit the most from the addition of online players, caesars with four worked out but basically only licensed casinos will be able to run the jn line operations. to play, residents will likely to to register as they do in...
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Feb 8, 2013
02/13
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mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy weather. >> that's right. barbie and ken of -- >> that's right. barbie and ken of "power lunch." first to the markets, we will put the storm aside for a couple of second. with today's gains, major averages wiped out losses for the week. that could of course change but if it does hold the s&p 500, the dow and nasdaq will have racked up gains in each of the first six weeks of 2013. bob pisani is down on the floor of the nyse. he did manage to get to the new york stock exchange exchange today. >> let me be blunt about it, sue, everybody at the new york stock exchange wants to go home.
mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy...
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Feb 7, 2013
02/13
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as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is all about if that storm slows down, that's when we could take this number and push it back up. so that's the timing. again, timing on that is if the storm slows down into the sudden daytime frame and that means the tail end of the storm, rock land, rochester, put numb, that's when it goes up and up. you already have two feet, what's another foot, right? but with sizeable snow versus a damaging crippling snow, in terms of infrastructure, new york city is still on that time line. you will gome snow but the bull aeye that we have nailed down, we are
as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is...
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Feb 19, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to the program. european central bank president mario draghi is concerned that a strong euro, which has gained 8% against the dollar may weaken the fragile eurozone economy is raising the easing to the currency's appeal. what will draghi do next? find out what our analysts are saying at cnbc.com. especially after today went after that strong zew data, we're seeing the euro firm again. >> yeah. and they've managed to deal with the consequences of fourth quarter gdp. they've parked that issue. growth, of course, is very much the subject of the italian elections. the prime candidates involved. sylvia berlusconi has released his five-point tax plan in a last-minute attempt to lure voters. but it helps emphasize the difference between the new and the old guard of italian politics. julia is in milan as we count down to these elections. jules, what is in their five-point tax plan? >> well, you know, i've picked out a couple of the points that i think are pr
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back to the program. european central bank president mario draghi is concerned that a strong euro, which has gained 8% against the dollar may weaken the fragile eurozone economy is raising the easing to the currency's appeal. what will draghi do next? find out what our analysts are saying at cnbc.com. especially after today went after that strong zew data, we're...
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Feb 14, 2013
02/13
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for the second year in a row, the new york city department of environmental protection offered unusual valentine's day trip. a select number of lucky couples take on a tour of the city's wastewater treatment plants in brooklyn. highlights of the tour included romantic views of the sludge treatment area and a hike to the top of the plant's digester eggs. >> did that last year. so over that. >> all right. coming up next, the stocks our creators are courting this valentine's day, but first why traders karen and dan are at odds over a major financial firm. he'll deliver the most compelling argument. find out when "fast money" comes back. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. [ engine
for the second year in a row, the new york city department of environmental protection offered unusual valentine's day trip. a select number of lucky couples take on a tour of the city's wastewater treatment plants in brooklyn. highlights of the tour included romantic views of the sludge treatment area and a hike to the top of the plant's digester eggs. >> did that last year. so over that. >> all right. coming up next, the stocks our creators are courting this valentine's day, but...
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Feb 19, 2013
02/13
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they have fiber deployment, cable deployment in kansas city. the developed android. >> sorry to jump in. that's a great point. that bothered me about google. they are good at making money one way and spending money in 100 ways. >> you said it in a much more eloquent sound bite than i'm able to come up. absolutely. that's the big issue. tarting to say they really created android to protect, a defensive move, not a growth move, to protect their role in search. same thing for buying motorola, protecting. none the economics of the core business which is search. a great business having more mobile products out there helped them. that would happen anyhow. it's really fascinating to me where google is able to spend, how much credit they and amazon get for that. we don't return, actually see earnings growth. >> thank you very much to all three of you. >> isn't it amazing how google is part of it, google. >> it's a verb. >> the new xerox. >> actually said i googled it. >> on deck, explosive report on how hackers are infiltrating america's biggest countr
they have fiber deployment, cable deployment in kansas city. the developed android. >> sorry to jump in. that's a great point. that bothered me about google. they are good at making money one way and spending money in 100 ways. >> you said it in a much more eloquent sound bite than i'm able to come up. absolutely. that's the big issue. tarting to say they really created android to protect, a defensive move, not a growth move, to protect their role in search. same thing for buying...
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Feb 1, 2013
02/13
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when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody said is the kochiest thing he could have possibly done. >> i've seen it. a friend of mine directed it. and, yeah, timing is great. it's also actually a great history of new york, and also, of this incredible man. >> grand central turns 100 today. an institution, a building that nearly went away, and could have gone away under his administration. he saved that. his inscription is going to have danny pearl's final words, my father was jewish, my mother was jewish, i am jewish. he will be missed. the biggest ipo since facebook, pfizer taking its animal business public today. al
when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody...
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Feb 7, 2013
02/13
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. >>> live from the nasdaq market site in new york city's times square, ooem melissa lee. bank bull market. can the momentum continue. her take on the changing face of wall street. david versus goliath. karen finerman has the fine prohibit on david iron horn's plan. and somebody's watching you. who is stalking you on the internet? let's get straight to our traders and the top trades of the day. guy, what was your top trade? >> hey, mel! thursday, big storm coming. >> big storm. brewing. >> but there as a storm brewing in the asset managers. raymond james. you have seen this stock? we talked about it for awhile. look at the growth in assets. aum is the name -- rjf is the name. i'm sorry. i don't know where my head went. >> no do-overs. it's live tv. >> b.k.? >> you know, what's not working, i don't think, are the bigger banks. barclays in particular. that's one i would be short. two things out of europe today, the ecb tip tauped into the fx wores and started to get worried about things we were worried abo about, i mean b.k. and brian. ltro loans being paid back and banks pa
. >>> live from the nasdaq market site in new york city's times square, ooem melissa lee. bank bull market. can the momentum continue. her take on the changing face of wall street. david versus goliath. karen finerman has the fine prohibit on david iron horn's plan. and somebody's watching you. who is stalking you on the internet? let's get straight to our traders and the top trades of the day. guy, what was your top trade? >> hey, mel! thursday, big storm coming. >> big...
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Feb 8, 2013
02/13
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boston area, how fast does it come south and west through connecticut into new york city and the metropolitan area here? >> it's going the other way around. it's going to start -- new york city will be tomorrow morning, connecticut will be about midday, then boston mid afternoon and then again everybody just needs to be off the roads. if we can get everybody off the roads by noon tomorrow through noon on saturday, we're going to save a lot of people a lot of frustration because i'm telling you, when it's start snowing at two to three inches an hour, the plows can't keep up. all it takes is one bus to slide off the road and it's gridlock on the roadways. running out of gas and spending the night in a cold car, it's not fun. i never talked to anyone who said they wanted to do that again, spend the night in a cold car. >> take care of yourself. >> tonight we heard another dire warning from secretary of defense leon panetta about what would happen if the sequester cuts quick in. next and protesters interrupted confirmation hearings five times before cia director john brennan even finished his ope
boston area, how fast does it come south and west through connecticut into new york city and the metropolitan area here? >> it's going the other way around. it's going to start -- new york city will be tomorrow morning, connecticut will be about midday, then boston mid afternoon and then again everybody just needs to be off the roads. if we can get everybody off the roads by noon tomorrow through noon on saturday, we're going to save a lot of people a lot of frustration because i'm...
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Feb 19, 2013
02/13
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CNBC
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back. office max and office depot in advanced talks to merge. kayla tausche with the latest. >> reporter: still no word on pricing for that deal between office depot and office max. because the deal has stopped it's been incredibly difficult for sources to pin down the exact exchange rate ratio for this teal. office max is up 21% and office depot up 21%. the company is eyeing thursday for an announcement and the company was pushed in december to review its options including a sale in the stake of its mexico unit. that's said to be part of this deal. the consolidation has been announced and still it would be the latest point supporting the deal dam bursting. according to u.s. macizations activity is double what it was the same period last year and the second highest year-to-date total ever, second only to the year 2000. maria. >> thank you so much. kayla. not just retail. investors seeing a pickup in m & a action. warren buffett entered the ring with the b
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> welcome back. office max and office depot in advanced talks to merge. kayla tausche with the latest. >> reporter: still no word on pricing for that deal between office depot and office max. because the deal has stopped it's been incredibly difficult for sources to pin down the exact exchange rate ratio for this teal. office max is up 21% and office depot up 21%. the...
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Feb 11, 2013
02/13
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CSPAN
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they should be doing the the best for their cities. >> will the prime minister confirm for the record that thanks to his cuts to the job care element of the working tax credit, families with children are losing up to 1500 pounds a year? >> what has happened is we increased it by 390 pounds in the early budgets of this government. if we look at the benefits for a two parent, two child family, they will be getting over 1500 pounds extra this year, 30 pounds a week, compared to 2010. i'm afraid the honorable gentleman is wrong. >> will the prime minister pay tribute to the new president of somalia, whose government has made remarkable progress over the last few months? although there is still a long way to go, we agree that the somali peace process is a really good example of written combining aid and development with energizing the neighboring states and the diplomatic community worldwide. can he tell the house what role he envisages for the somali diaspora here in the uk? >> my friend makes a very important point. anybody wondering the relevance of somalia to hear in the uk, we have to
they should be doing the the best for their cities. >> will the prime minister confirm for the record that thanks to his cuts to the job care element of the working tax credit, families with children are losing up to 1500 pounds a year? >> what has happened is we increased it by 390 pounds in the early budgets of this government. if we look at the benefits for a two parent, two child family, they will be getting over 1500 pounds extra this year, 30 pounds a week, compared to 2010....
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Feb 9, 2013
02/13
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another big concern especially in some of the areas outside of the city is a loss of power. these winds are going to get to hurricane strength in some areas, and that's going to threaten the power lines. now, over the last day or day and a half, we've obviously seen a run on all of the hardware and home improvement stores in this area. but also the grocery stores. people getting the food they need to sustain themselves for several days, saying they realize they will probably be in their homes for an extended period of time. that's the very latest here in boston. i'm jay gray, nbc news. now back to you. >> all right. many thanks to jay gray. we appreciate it. >>> now, the president might have some senate democrats on his side as they scramble to find replacement cuts for the march 1st across the board sequester. but according to the latest from ace pollster scott rasmussen, only 36% of likely voters think oklahoma should find a way to stop the automatic cuts from going into effect. scott rasmussen, founder and president of rusmussen report joined me. scott as always welcome b
another big concern especially in some of the areas outside of the city is a loss of power. these winds are going to get to hurricane strength in some areas, and that's going to threaten the power lines. now, over the last day or day and a half, we've obviously seen a run on all of the hardware and home improvement stores in this area. but also the grocery stores. people getting the food they need to sustain themselves for several days, saying they realize they will probably be in their homes...
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Feb 20, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have the door code. who's that? he won a contest online to be ceo for the day. how am i supposed to run a business here without an office?! [ male announcer ] fast, reliable deliveries worldwide. fedex. >>> u.s. futures are trying to build on gains from yesterday. the dow breaking through 14,000, adding five or six points more today. the s&p 500, 1,529. the rally supported by what we've seen out of asia and europe overnight. although trade has been mixed. the ftse 100 pushing through 6,400, adding .4% after bank of engla england. the cac and ibex slightly weaker. how do you make money in these markets? here's
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. to grow, we have to boost our social media visibility. more "likes." more tweets. so, beginning today, my son brock and his whole team will be our new senior social media strategists. any questions? since we make radiator valves wouldn't it be better if we just let fedex help us to expand to new markets? hmm gotta admit that's better than a few "likes." i don't have...
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Feb 7, 2013
02/13
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CNBC
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new york city, the burling of your snow falling later in the day friday, into saturday. new york saturday, maybe six to 12, up toity rochester rock in putnam. maybe a foot or more. again, if the storm slows down, late saturday into sunday, looking at perhaps the largest dump of snow across the region. perhaps since october of 2011, it's been a while. but again winter of 2013, name some business with this storm. sue? >> yikes! and i thought that groundhog saw his shadow and we would have an early spring. guess not. thanks, paul. appreciate it very much. we should go to chicago because the weather will be much better there than it is here. hi, ricky. >> hi. i feel bad for you, sue. we've had very little snow in chicago this season and a lot less selling of traesh ris of late. look at the chart of ten-year. you can see we are now well under the 195. many traders calling it a pivot. why, ask you? this should explain. we are hovering at two-week lows and the pattern looks like more buying in treasury. not necessarily selling but equities figure and as do currencies, look at a
new york city, the burling of your snow falling later in the day friday, into saturday. new york saturday, maybe six to 12, up toity rochester rock in putnam. maybe a foot or more. again, if the storm slows down, late saturday into sunday, looking at perhaps the largest dump of snow across the region. perhaps since october of 2011, it's been a while. but again winter of 2013, name some business with this storm. sue? >> yikes! and i thought that groundhog saw his shadow and we would have...
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Feb 13, 2013
02/13
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to couple cities with manufacturing, trying to bring jobs back to people and the cities that have lost them. i just wonder what was new about last night? >> i was really proud of the president's speech, because it highlighted particularly when it came to the economy. some new bold initiatives that really need to -- really designed to move the needle. because there's been a lot of criticism, not just of the president, but of the republicans and washington in general, that, you know, same old same old tired proposals. the proposal to create manufacturing innovation institutes around the country, we have one in youngstown, ohio. the president proposed a the least 15, and 5 over the next couple of years. that's going to allow us to make the kind of investments to make sure we can make things in america again and revitalize some of the communities decimated by the fact that factories have moved out of town. coupling those communities with businesses so we can make sure we can locate high-tech jobs and make them hubs for high-tech jobs. >> how to further that, when obviously the main concern
to couple cities with manufacturing, trying to bring jobs back to people and the cities that have lost them. i just wonder what was new about last night? >> i was really proud of the president's speech, because it highlighted particularly when it came to the economy. some new bold initiatives that really need to -- really designed to move the needle. because there's been a lot of criticism, not just of the president, but of the republicans and washington in general, that, you know, same...
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Feb 8, 2013
02/13
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everyone is trying to get out of the city before the storm hits. but everything starting from now is basically canceled. >> it will be hard. if you are stuck, there's within thing you can do. >> which is? >> turn the tv on. >> and watch cnbcwex. >> get your food in -- >> and -- >> no, no, the entire channel is fine. you don't have to just watch "worldwide exchange." there are worse things you could do. >>> still to come on the show, apple says it's considering returning cash to shareholders after coming under pressure from david einhorn. more details when we come back. . this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not much you think. except it's 2% every year. does that make a diffe
everyone is trying to get out of the city before the storm hits. but everything starting from now is basically canceled. >> it will be hard. if you are stuck, there's within thing you can do. >> which is? >> turn the tv on. >> and watch cnbcwex. >> get your food in -- >> and -- >> no, no, the entire channel is fine. you don't have to just watch "worldwide exchange." there are worse things you could do. >>> still to come on the show,...
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Feb 22, 2013
02/13
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ceo titan. >> titan. >> the city of titan tires who was looking potentially or was asked to look at a factory in france. >> and he said -- >> not only -- >> they talk for three hours and then they take an hour for lunch and an hour for a break and they're highly compensated. and the french said that's the way it works here. >> that's what he said they said. he said when they approached him he knew -- >> i do sort of, loving paris and loving rome it's like, well i live in paris. i don't want -- three hours is a good -- that's a good number for me. and then i think about us. how long is our show? >> three hours. >> that's right. >> we can talk for three hours. >> do you want to work -- if you're in italy do you want to work longer than three hours if you're looking at the bay of salerno outside of naples, do you want to -- >> do you want to hear something from the ceo yesterday? >> i do. >> we have a sound bite? >> we have a sound bite from the ceo of titan. listen in to what he told maria. >> what i said was true. and they admitted it. they laughed about it. okay? and that's where this
ceo titan. >> titan. >> the city of titan tires who was looking potentially or was asked to look at a factory in france. >> and he said -- >> not only -- >> they talk for three hours and then they take an hour for lunch and an hour for a break and they're highly compensated. and the french said that's the way it works here. >> that's what he said they said. he said when they approached him he knew -- >> i do sort of, loving paris and loving rome it's...
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Feb 27, 2013
02/13
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the law allows atlantic city casinos to handle online bets within the state but they are expected to form partnerships with online gambling firms. and then there is target, sliding more than 1% after reporting a 2% drop in fourth quarter profit, hurt by investments tied to its entry into the canadian market this year. retailer also giving a disappointing full year outlook with a midpoint of its guidance range missing estimates. let's get to our road map today, the fed chairman facing tougher questions on the second day in a row. this time from the house financial services committee. we'll get an update on the q&a and find out what ben has to say about qe 3, the economy and more. tim cook facing his own tough questions from investors of the company's shareholder meeting. we'll take you live there and get the inside story from a shareholder about what cook may say. then, more water, less buzz. that's at least what some consumers are saying about anheuser-busch. a multimillion dollar lawsuit being filed accusing the brewer of watering down its beer. we will get the latest details on the
the law allows atlantic city casinos to handle online bets within the state but they are expected to form partnerships with online gambling firms. and then there is target, sliding more than 1% after reporting a 2% drop in fourth quarter profit, hurt by investments tied to its entry into the canadian market this year. retailer also giving a disappointing full year outlook with a midpoint of its guidance range missing estimates. let's get to our road map today, the fed chairman facing tougher...
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Feb 12, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details over there. at this point, where the stock is, we think he'll address two things. strategy and products. they said they're actively looking at the cash balance. we expect them to increase dividends and have more buybacks. we think he's not going to get into details, but they're going to indicate their willingness to do that. on new products, they'll definitely talk about new products before the actual launch. but i think he's going to talk about the confidence in the new product pipeline. >> do you think that tim cook's playbook will change a little bit, given the pressure that he might be feeling from sharehold
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details...
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Feb 8, 2013
02/13
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atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about some lost tourism, but governor christie basically said, the cost benefit analysis just makes sense to get in, and get in first. coming up, we'll talk about the possible implications with professional sports. all leagues are against this. we'll chime in on what they have to say about it. >> internet gambling is already legal in europe. there are stocks that are already moving up in london on the basis they'll be able to capitalize on this. >> that is definitely true. thank you, simon. >> there is a mover in the gaining space. let's
atlantic city is the key word here. according to wells fargo, this could mean up to $850 million in a year in revenue. right now, the bill would be just for people living in the state to be able to gamble online. other states with legal online gambling could utilize the new jersey site. the more states that do this, the bigger the business could become for new jersey. atlantic city could use the boost. revenue down about 40% in just the last seven years. there is a little bit of concern about...
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Feb 2, 2013
02/13
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KTVU
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the city of richmond is considering a similar program. the party will go on until 11:00 tonight. reporting live in oakland, rob roth, ktvu channel 2 news. >> investigators say a hotel guest who is in town working on the chevron refinery accidentally started a fire. the fire started shortly after 5 this morning at the courtyard marriott hotel. the richmond fire department tells us the hotel guest put a towel over a cant l he thought was out. nobody was hurt. >> the national weather service is warning bay area beach goers about dangerous conditions this weekend. ktvu's allie rasmus met with the coast guard and the spca today who issued their own warning about what to do if your pet gets caught in the water. >> reporter: throwing the ball into the breakers is a popular pats time. when susan takes her dog to ocean beach they avoid the surf. >> pacific is a deceiving team. it's not peaceful at all. >> reporter: since 2008 the coast guard says seven people have died on the northern california coast trying to rescue their dogs from the water. in november a family of three died after a 1
the city of richmond is considering a similar program. the party will go on until 11:00 tonight. reporting live in oakland, rob roth, ktvu channel 2 news. >> investigators say a hotel guest who is in town working on the chevron refinery accidentally started a fire. the fire started shortly after 5 this morning at the courtyard marriott hotel. the richmond fire department tells us the hotel guest put a towel over a cant l he thought was out. nobody was hurt. >> the national weather...
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Feb 12, 2013
02/13
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for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million visitors to the u.s. the department of commerce expects us to hit 4 million by 2017. one of the big areas of growing is chinese students flying to the united states to see their famous university. these tours are arranged for the thousands of students every year. >> chinese people attach great importance to education and they are very willing to spend money on it. >> it's so cool. if i can be that student of howard university. >> i would like to attend harvard, but i have no idea whether i have the ability to come here because it's a really great school. >> we have to recognize american higher educa
for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million...
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Feb 6, 2013
02/13
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the implications not only for the airlines, but the cities, is substantial, depending how long this grounding lasts. one thing we noticed that since the grounding, look at that chart, they're now trading over $76 a share for boeing. there's no indication when we'll see this grounding lifted for the dreamliner. >> thank you very much, phil lebeau. the yen hitting a three-year low against of the dollar. how low can the yen go? kathy, good to see you. >> thanks. >> the early departure of a bank of japan governor, would enable abe to appoint somebody else who could work with him in terms of the reforms. >> that's absolutely right. that is the big story right now. which is that, you know, stepping down three weeks early. the announcement will come right after abe's trip to the u.s. he's here in the u.s. and shortly after will make the announcement. i think you're going to see additional yen weakness. there's no doubt all three candidates he's talking about are dovish. he's going to talk about reinforcing the message. when the person's nominated, they'll talk about a reinforcing message. >> you'll
the implications not only for the airlines, but the cities, is substantial, depending how long this grounding lasts. one thing we noticed that since the grounding, look at that chart, they're now trading over $76 a share for boeing. there's no indication when we'll see this grounding lifted for the dreamliner. >> thank you very much, phil lebeau. the yen hitting a three-year low against of the dollar. how low can the yen go? kathy, good to see you. >> thanks. >> the early...
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Feb 11, 2013
02/13
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some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> let's take a look at u.s. futures. the last time we checked in, the dow was set to open about 11 points at the open. it's peared back just a tad. the dow is still trying to climb back towards that 14,000 level, a time, ross, when frankly more people were talking about warning signs in the market. >>> meanwhile, as far as the european stocks were concerned, and this is where we stand, firmer today. the ibex down 0.3%. the cac 40, ftse and xetra dax up between 0.25% and 0.5%. dollar index is up, kelly. >> that's right. and the dollar/yen, adding 0.5%. so 93.17. aussie/dollar weaker by about 0.5%. a lot of trade across asia is quiet or closed for the lunar new year. >>> france's problems have nothing to do with a single curren currency, but down to the problems itself. he said that the core of the french problem lies inside the cup, not in the foreign exchange rate. this time last week, the french president called for the rights to curve the euro. >>> and the euro g
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> let's take a look at u.s. futures. the last time we checked in, the dow was set to open about 11 points at the open. it's peared back just a tad. the dow is still trying to climb back towards that 14,000 level, a time, ross, when frankly more people were talking about warning signs in the market. >>> meanwhile, as far as the european stocks were concerned, and...
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Feb 20, 2013
02/13
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in the city, 20 degrees the windchill. boston, 27. the winds howling, temperatures dropping. yes, more snow falling out there, especially around the lakes today. south of buffalo, that's where it will be focused and into northern maine. good news for the skiers. most of this last storm stayed mostly snow. the slopes are still in good shape. totals today mostly north of syracuse toward the tughill plateau, 94 staying breezy and dry. most of the concern over the next couple of days will be the latest winter storm. moving into the west today, snow overspreading the four corners area. colorado into new mexico, arizona, utah, all picking up significant snow. this really cranks into the day tomorrow. we'll have heavy snow across nebraska, kansas, missouri, into iowa. big area of sleet and freezing rain here across southern missouri and northern arkansas. travel is going to be really rough. for some folks with enough freezing rain, we could be talking power outages for several days. especially in northern arkansas. that's something to watch. and then on friday, the snow moves up tow
in the city, 20 degrees the windchill. boston, 27. the winds howling, temperatures dropping. yes, more snow falling out there, especially around the lakes today. south of buffalo, that's where it will be focused and into northern maine. good news for the skiers. most of this last storm stayed mostly snow. the slopes are still in good shape. totals today mostly north of syracuse toward the tughill plateau, 94 staying breezy and dry. most of the concern over the next couple of days will be the...
SFGTV2: San Francisco Government Television
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Feb 18, 2013
02/13
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SFGTV2
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it got so bad that the city took over, 'cause the city has a responsibility to protect its citizens. boston built the first modern sewer system in the united states. ours was completed between 1877 and 1884. with this wonderful new sewer system, we were taking our filth and moving it out to the ocean. of course, all of this was untreated. in the 1960s, we were still pumping all of our sewage out to moon island, untreated. we would get swimmers here, never knowing, in the middle of summer, why you would have a cold. well, we were swimming in diluted sewage. melosi: the major way to deal with pollution, at least until early into the 20th century, was through the process of dilution. the assumption was that the capacity of rivers and streams, and even the seas, allowed for certain levels of pollution that eventually would purify themself. as we get later into the 20th century, it becomes clear that the volumes of waste made dilution unworkable as a single solution. and so treatment became the ways in which we deal with pollution. narrator: to protect public health, starting in the 1950s
it got so bad that the city took over, 'cause the city has a responsibility to protect its citizens. boston built the first modern sewer system in the united states. ours was completed between 1877 and 1884. with this wonderful new sewer system, we were taking our filth and moving it out to the ocean. of course, all of this was untreated. in the 1960s, we were still pumping all of our sewage out to moon island, untreated. we would get swimmers here, never knowing, in the middle of summer, why...
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Feb 7, 2013
02/13
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CNBC
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new york city, in is a tricky forecast for you. you're right on the line. we know it's going to snow. the question is, how much is it going to snow. we've got you in the 6 to 12 inch range right now. that would be the biggest storm of the year so far. northern new jersey, some big snow totals and in lesser amounts if you move south and west. don't think you're going to have to go very far to get into the north or east to get into the bigger snow totals. poughkeepsie, eastern long island, things will be significantly worse than we see in the city itself. timing there is late tomorrow and into tomorrow night. you see amounts tapering off as you head farther south and west. the idea here is that a lot of people see a foot of snow. some people say two feet of snow. maybe in a few spots in and around boston we could see three feet of snowfall out of this one. your top five snowstorms, the biggest, presidents' day in 2003. some model res saying we may beat that total in boston. not written in stone, but these are ones that everybody remembers. we stop that, that
new york city, in is a tricky forecast for you. you're right on the line. we know it's going to snow. the question is, how much is it going to snow. we've got you in the 6 to 12 inch range right now. that would be the biggest storm of the year so far. northern new jersey, some big snow totals and in lesser amounts if you move south and west. don't think you're going to have to go very far to get into the north or east to get into the bigger snow totals. poughkeepsie, eastern long island, things...
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this is the first city in the united states issuing this card. >> former city councilman says he has been fighting for this card for years. >> important function is that they can't open a bank account. >> so only an id card from mexican consulate. he says the card would be a good fit. >> it would give me an ability to not have to worry about a company or business not forming my form of identification. >> sf global claims it will be secure as any global debit card. preregistration beginning february 19th. in oakland abc 7 news. >> a government investigation suggests that taxpayer dollars being wasted on bomb-sniffing dogs in airports. the investigation says the cost to the tsa dex dogs almost doubled in two years from $52 kblinl to $100 million and with poor results to foot. watch this. look. one dog walks past a woman in pink, carrying an explosive training device in the backpack. he persues an innocent passenger. officials say better oversite is needed here. >> california airlines says the pilot who suddenly passed out last night is doing better today. that pilot collapsed forcing t
this is the first city in the united states issuing this card. >> former city councilman says he has been fighting for this card for years. >> important function is that they can't open a bank account. >> so only an id card from mexican consulate. he says the card would be a good fit. >> it would give me an ability to not have to worry about a company or business not forming my form of identification. >> sf global claims it will be secure as any global debit card....
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96
Feb 6, 2013
02/13
by
WBAL
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eye 96
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by the city on the carry forward basis. in 10 years the city will be $745 million in the whole. add to that an additional $1.30 billion for failing infrastructure as well as health-care and pension benefits for retirees and you are talking more than $2 billion in the hole. >> i believe this report is a week of call to the city saying we need to get the finances in order. our expenses are somewhat less than our revenue. >> a towson university economist said the numbers are concerning especially because the city cannot tax its way out without losing more residents and businesses. the report points out baltimore's property tax and income tax rates are the highest in the state. unfortunately, pension reform is the big elephant in the room, the economist said and the mayor has a terribly hard job ahead of her. >> the mayor will have to make cuts in decisions that will prove to be unpopular in the short run. >> while the mayor did not offer specific details, she did highlight four key themes for cuts including identifying strateg
by the city on the carry forward basis. in 10 years the city will be $745 million in the whole. add to that an additional $1.30 billion for failing infrastructure as well as health-care and pension benefits for retirees and you are talking more than $2 billion in the hole. >> i believe this report is a week of call to the city saying we need to get the finances in order. our expenses are somewhat less than our revenue. >> a towson university economist said the numbers are concerning...
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190
Feb 5, 2013
02/13
by
KRON
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city officials expressed confidence that the black out what i heard the city's hopes of hosting the championship again. >> more than 108 million people watch the super bowl, a huge number but not record-setting. the nielsen co. said sunday's game was the third most viewed program in television history. but the 2010 and 2011 games had the a lot 111 million mark. the aba leadership in general decline this year. with relief as, this year's game did become the fourth super bowl to record more than 100 million viewers. it's after the blackout that things got fine. >> financial expert rob black will be joining us on sasaet coming up in just two minutes. 6:45 a.m. and police in pittsburgh are searching for a hit-and-run driver who entered a woman and her three young children. it happens across the drive nearly linde wrote last night. two of the children were on their bikes and the third was in a stroller. all four victims were taken to hospitals. the boy scouts of america are considering lifting their national ban of gay members. a three day meeting began yesterday. the organization says the decision w
city officials expressed confidence that the black out what i heard the city's hopes of hosting the championship again. >> more than 108 million people watch the super bowl, a huge number but not record-setting. the nielsen co. said sunday's game was the third most viewed program in television history. but the 2010 and 2011 games had the a lot 111 million mark. the aba leadership in general decline this year. with relief as, this year's game did become the fourth super bowl to record more...
115
115
Feb 18, 2013
02/13
by
WBAL
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baltimore city democrats are moving one step closer to filling the seat. they nominated need our harbor to finish out harrison's term representing the district in the maryland house of delegates. she died last month. sure the longest serving delegate in the house and the first african-american woman ever to cherry legislative committee in maryland. her name will go before the committee on wednesday. >> president obama arriving back in washington tonight, but not lawmakers. they are in recess all week while a handful of important issues remain in limbo. we have more on how people are reacting to congress taking a break. >> looking around, you would not guess they have less than two weeks to avoid $85 billion in automatic spending cuts. the streets are bare and the doors to congressional offices are locked. >> its credit the stress and they are not here. -- it is quite distressing to. >> they only have four days to determine this when they get back. >> i hope they get information out from their constituents. >> lawmakers are working towards a deal even while
baltimore city democrats are moving one step closer to filling the seat. they nominated need our harbor to finish out harrison's term representing the district in the maryland house of delegates. she died last month. sure the longest serving delegate in the house and the first african-american woman ever to cherry legislative committee in maryland. her name will go before the committee on wednesday. >> president obama arriving back in washington tonight, but not lawmakers. they are in...